The Phillips curve is a controversial economic model that monetary policy managers use to examine the relationship between inflation and unemployment. The model shows that wage inflation can lead to ...
Governor Adriana D. Kugler presents a lecture about inflation dynamics and the Phillips Curve to students in Harvard University's Ec10b Principles of Economics class on Monday, April 7, 2025. In the ...
What is the Phillips Curve? The Phillips Curve illustrates the inverse relationship between the rate of inflation and the rate of unemployment within an economy. This economic model suggests that ...
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